Puravankara Limited (NSE: PURVA | BSE: 532891), one of India's most trusted and admired real estate developers, reported Q4FY26 sales of Rs. 3,547 crores, compared to Rs. 1,225 crores Y-o-Y, an increase of 190%. The company recorded total sales of Rs. 7,407 crores in FY26, up 55% from the previous fiscal.
For the quarter ended March 31, the company recorded collections of Rs 1,213 crores, up 36 per cent from Rs 892 crores for the same period last year. For FY26, customer collections stood at 4,258 crore, up by 15 per cent from Rs. 3,711 crore in FY25. During the quarter, Puravankara handed over 1,301 homes totalling 1.67 msft. This brings the cumulative handover for FY26 to 3,747 homes or 4.25 msft.
Commenting on the company's performance, Ashish Puravankara, Managing Director, Puravankara Ltd., said, "During the year, we continued to strengthen our growth pipeline, adding 13.6 msft with an estimated GDV of Rs. 15,200 crore. We also launched new projects in Bengaluru, Mumbai, Kochi, and Pune, alongside new phases of existing projects, with a total saleable area of 6.39 msft of which 3.39 msft is from new projects.
Over the next 24 months, we plan to unveil 30 projects, primarily across South India and Mumbai. The planned pipeline comprises nearly 51.14 million sq. ft. of developable area, with an estimated Gross Development Value (GDV) of over Rs 55,000 crores, marking a significant step-up in the company's growth trajectory. A large number of these 30 projects are already in the approval stage, and a few are in the design stage and are set to be approved shortly.
Our FY26 performance marks a clear transition into our next phase of growth. With a strengthened pipeline, improved realisations, and sustained collections, we are now operating at scale and momentum. As we move ahead, we are confident of accelerating growth, backed by a robust pipeline, disciplined capital allocation, and a clear strategy to deliver sustained value for our stakeholders."
Key Sales Highlights
- Achieved the highest-ever quarterly sales value of Rs 3,547 crore for Q4FY26; up by 190 per cent when compared to Rs 1,225 crores in Q4FY25.
- Achieved the highest-ever annual sales value of Rs 7,407 crores in FY26; up by 55 per cent when compared to Rs 4,783 crores in FY25.
- Achieved the highest-ever annual customer collections from the real estate business, which increased to Rs 4,258 crores in FY26 compared to Rs 3,711 crores in FY25, up by 15 per cent y-o-y.
- Average price realisation increased by 21 per cent to Rs 10,213/sft during FY26 from Rs 8,436/sft in FY25.
New project/phase launches in FY26:
As government approval-related delays were resolved in Q4, the company launched 3 new projects (Purva Silversky, Purva Northern Lights (Bengaluru), and Purva Estrella (Mumbai)) and new phases of existing projects with a total saleable area of 6.39 msft of which 3.39 msft is from new projects, resulting in a strong sales performance and a large pipeline of upcoming launches for FY27.
Shares of Puravankara Limited was last trading in BSE at Rs. 216.30 as compared to the previous close of Rs. 194.95. The total number of shares traded during the day was 598893 in over 8378 trades.
The stock hit an intraday high of Rs. 228.35 and intraday low of 186.50. The net turnover during the day was Rs. 131407726.00.